Legal Opinion
Verstandig v. Schlaffer
New York Court of Appeals
Decided November 14, 1946PublishedCited by 14 opinions
1Opinion of the Court
Per, Curiam.
The contracts of a person of unsound mind, who has not been'judicially declared incompetent, are voidable at his election upon recovering his reason or at the- election of his committee or ¿personal representatives or heirs. (Finch v. Goldstein, 245 N. Y. 300; Smith v. Ryan, 191 N. Y. 452; Blinn v. Schwarz, 177 N. Y. 252; McCarthy v. Bowling Green Storage & Van Co., 182 App. Div. 18.) The power of avoiding such a contract may be exercised, at least against the other party thereto, even in the case of an executed contract which is fair and for the benefit of the incompetent and…
2Cases cited7 opinions
- Finch v. GoldsteinNew York Court of Appeals · 1927
- Blinn v. . SchwarzNew York Court of Appeals · 1904
- Smith v. . RyanNew York Court of Appeals · 1908
- Mutual Life Ins. Co. v. . HuntNew York Court of Appeals · 1880
- Riggs v. . American Tract SocietyNew York Court of Appeals · 1881
2 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Ortelere v. Teachers' Retirement BoardNew York Court of Appeals · 1969
- Warner v. State of New YorkNew York Court of Appeals · 1948
- Moore v. New York Life Insurance CompanySupreme Court of North Carolina · 1966
- Bankers Trust Co. v. MartinAppellate Division of the Supreme Court of the State of New York · 1976
- Faber v. Sweet Style Manufacturing Corp.New York Supreme Court · 1963
9 more not listed; retrieve them via the Exa API.